Tag: politics

Aug 17 2022

Ukraine’s spent over $38M of crypto funds on military equipment

Aug 17 2022 Published at CryptoSlate under tags  adoption culture politics

In the spirit of transparency, Ukraine's Ministry for Digital Transformation has published a financial report detailing how it spent the $54.6 million worth of funds raised from the crypto community. Ukraine's Minister for Digital Transformation Mykhailo Fedorov shared the report in a...

Aug 14 2022

Why Bitcoin Politics Should Be Approached At The Local Level

Bitcoiners have a higher chance of making meaningful change in state-level Bitcoin policy by building relationships with their local politicians.This is an opinion editorial by Dennis Porter, CEO of Satoshi Action Fund and political strategist who focuses on defending Bitcoin infrastructure and industry in the U.S. through public policy, activism and advocacy.The unlimited money printer...

Aug 09 2022

US vows to ‘aggressively pursue’ crypto mixers following Tornado Cash sanctions

Aug 09 2022 Published at CryptoSlate under tags  crime culture people politics privacy

U.S. Secretary of State Anthony Blinken warned that the administration would continue to "aggressively pursue" crypto mixers suspected of laundering illicit funds. We’ll continue to aggressively pursue actions against currency mixers laundering virtual currency for criminals....

Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions

Aug 09 2022 Published at CryptoSlate under tags  culture daos people politics privacy

Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the U.S. Treasury sanctioned Tornado Cash. Specifically, Voorhees advised MakerDAO users to remove their USDC collateral and convert the funds into another stablecoin. But he stopped short of advocating a more censorship-resistant choice....

Aug 08 2022

Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC

Aug 08 2022 Published at CryptoSlate under tags  legal people politics privacy regulation

Circle's USDC has "blacklisted" all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department's sanction against the protocol. A...

Aug 03 2022

Bitcoin falls short of $25K as US, China tensions over Taiwan grow

Aug 03 2022 Published at CryptoSlate under tags  politics

Bitcoin (BTC) posted a local top of $24,600 on July 30 before closing three consecutive daily red candles. Peak to trough losses over this period came in at $1,800, or 7%. Today, August 3, sees some reprieve, as buyers give rise to a 3% upside swing. As of press time, BTC was trading at $23,300, while the rest of the market was trading...

Aug 01 2022

Celebrating Bitcoin Independence Day With ‘The UnCommunist Manifesto’

Aug 01 2022 Published at Bitcoin Magazine under tags  books communism culture opinion politics

We’re at a crossroads between sovereignty and Marxist entropy. Like Bitcoin, ‘The UnComminist Manifesto’ hopes to guide readers to the former.This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”Almost 175 years have passed...

Bitcoin Songsheet: Fiat Politics Suck

The Blocksize Wars were an example of Bitcoin resisting the fiat politics played on every level of society.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience....

Jul 27 2022

Kraken Facing Investigation Over Sales to Iran

Reading Time: 2 minutes Kraken is facing an OFAC investigation, according to the New York Times The paper claims that Kraken is serving users in sanctioned countries Iran, Syria and Cuba are among the residences of ‘verified’ users Cryptocurrency exchange...

Jul 26 2022

White House alters the definition of a recession to avoid one

Jul 26 2022 Published at CryptoSlate under tags  macro politics

According to a new blog post released by the White House, an economic recession can no longer be quantified by its traditional definition of "two successive quarters of falling real growth". What's there in a name? As the global macroeconomic landscape continues to...

Jul 19 2022

Reserve Bank of India renews calls for crypto ban

Jul 19 2022 Published at CryptoSlate under tags  politics regulation

Indian central bank officials have renewed efforts to ban crypto. Finance Minister Nirmala Sitharaman...

Jul 14 2022

European Central Bank hints at PoW-based crypto ban by 2025

Jul 14 2022 Published at CryptoSlate under tags  politics regulation rumors

The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in July. As expected, the report specifically mentioned Bitcoin. However, it also raised issues with Ethereum, despite its...

Jul 13 2022

Gold’s Fungibility Faces Diplomatic Scrutiny While Bitcoin Stands As A Safe Haven

Jul 13 2022 Published at Bitcoin Magazine under tags  fungibility g7 gold markets opinion

The fungibility of the legacy sound money has come under fire as Western nations seek to delegitimize gold mined in Russia.At the 48th annual Group of Seven (G7) summit, held June 26 - June 28, 2022, in the Bavarian Alps of Germany at the stunning Schloss Elmau, President Joe Biden stated that the United States...

Jul 06 2022

Fresh allegations against Celsius renew calls for EU crypto compensation fund

Jul 06 2022 Published at CryptoSlate under tags  bear market people politics

A petition to the European Parliament for the creation of a crypto compensation fund is gathering steam following recent scandals, in particular happenings at Celsius Network. The petition organizer, Jonathan Levy, wrote that the EU must create a fund paid for by "taxing" transactions to provide restitution for victims of crypto crime. Although Celsius is not under criminal investigation, Levy...

Jul 04 2022

Argentinians turn to crypto after economy minister resigns

Jul 04 2022 Published at CryptoSlate under tags  adoption politics regulation

Argentina's Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the price of Tether to gain 6.6% against the Argentian peso, Bloomberg News reported. Guzman's resignation comes at a time when the already...

Jun 30 2022

Bitcoin Creates A New Type Of Property Ownership

Bitcoin derives its monetary value from the fact that it is a new type of property that is independent and autonomous, amoral and apolitical.This is an opinion editorial by Jens Bucher, a contributor at Bitcoin Magazine.Bitcoin is a topic that stirs the passions in a way few other topics, perhaps barring CrossFit or veganism, tend to do. As Bitcoin increasingly comes...

Jun 29 2022

CAR’s President announces crypto-hub “Sango” launch date

Jun 29 2022 Published at CryptoSlate under tags  adoption legal people politics regulation

Central African Republic President Faustin-Archange Touadéra, on June 27, announced the country's crypto hub "Sango" launch date. The crypto hub will go live on July 3 during a conference organized to mark its launch....

Jun 28 2022

Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant

Jun 28 2022 Published at CryptoSlate under tags  culture enterprise politics

According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant....

Jun 21 2022

US Can Learn From UK Crypto Data Collection Reversal

Reading Time: 3 minutes US regulators could learn a thing or two from a recent UK consultation report on the difficulties of reporting crypto data The UK Treasury said that asking crypto entities to record information on all transactors presented “practical difficulties”...

Jun 16 2022

El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves

Jun 16 2022 Published at CryptoSlate under tags  adoption investments politics

El Salvador's Bitcoin reserves diminished by 50% and lost more than $50 million with the recent Bitcoin price fall. Despite their gravity, El Salvador's Finance Minister Alejandro Zelaya said the losses pose a minimal fiscal risk. El Salvador bought over 2,300 Bitcoins at...

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